Sustainable Market Economy
Welfare without self-made crises?
Description:... The Lingener Studies of Management and Technology have mainly two objectives. First, there is the objective to stimulate and to support a critical and balanced integration of two different orientated disciplines of science. The second objective is to overcome the monistic approach of science and to promote a pluralistic and holistic approach. The holistic approach leads to an enlarged knowledge, bringing better decision advices of science for practice. This particular enlarged knowledge does not only give a better foundation to realize solution for the overcoming of crises, but it also can prevent crises in democratic economic systems. The sustainable market economy is based on the idea of the United Nations to install a worldwide sustainable development process. The objective of this process is to reduce the difference between "poor' and 'rich' countries. The concept of the sustainable market economy is founded on the basic idea of economics to realize market equilibria (Adam Smith). It is shown that economic equilibria also ensure economic sustainability. Because economic crises are present in economic disequilibria, the realization of the economic sustainability prevents systemic (self-made) economic crises and also ensures welfare, So it is logical to realize economic sustainability consequently, in spite of the dominance of political compromises in democratic societies.
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